Difference between factor pricing and product pricing.
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Factor pricing is associated with the factors of production that a firm is using in its production. There are many types of factor of production like labor, capital and land. ... There is one way of product pricing is cost plus pricing.
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Factor pricing is associated with the factors of production that a firm is using in its production. There are many types of factor of production like labor, capital and land. ... There is one way of product pricing is cost plus pricing.
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